Program Chair
Professor Jinyan Li
Professor, Osgoode Hall Law School and Co-Director, OsgoodePD Professional LLM in Taxation Law
The law is changing to support Employee Ownership Trusts (EOTs). Get on top of the changes … now.
With a record number of Canadians approaching retirement age, employee ownership trusts (EOTs) have enormous potential to change the way owners structure and sell their businesses. EOTs are a legal structure that businesses can use, typically for succession planning, to allow their employees to become shareholders of the business through a trust. Cited benefits of EOTs include greater control for business owners over the selling process, preserving the company’s legacy, higher employee retention and tax advantages.
EOTs already exist in both the US and UK, but Canada has never had a specific trust vehicle and tax incentives for business owners to use this framework. Until now …
Canada’s Federal Budget 2023 has outlined proposed amendments to the Income Tax Act to establish a tax structure and incentives for EOTs. These are to take effect Jan. 1, 2024. Get prepared.
To advise your clients or business effectively and confidently, you need to understand the mechanics of using an EOT model, the legal issues involved, the costs and benefits for businesses, and what advisors need to know.
Led by Professor Jinyan Li of Osgoode Hall Law School, this interactive, live 75-minute OsgoodePD webinar will give you the opportunity to engage with a diverse panel of experts in law, tax and business and get the questions you want answered.
All registrations include access to the recorded program for 120-days
What You’ll Learn
What are Employee Ownership Trusts (EOTs) and how do they work?
How do EOTs differ from other employee compensation options?
Status of EOTs in Canada compared to US and UK
Overview of legal issues (tax, corporate, public policy)
Advantages and disadvantages for business owners and employees of using EOTs
What should advisors be aware of?
Review of the proposed amendments to the Income Tax Act (based on Canada Federal Budget 2023), including what are the qualifying conditions and tax implications
Who Should Attend
Tax and corporate/commercial lawyers
Business owners and entrepreneurs
Tax advisors, accountants and succession planning professionals
Transactional counsel
Finance professionals
Corporate officers
Government and regulatory professionals and policy makers
Compensation advisors
HR professionals
Faculty
Program Chair
Professor Jinyan Li
Professor, Osgoode Hall Law School and Co-Director, OsgoodePD Professional LLM in Taxation Law
Instructors
Register
Recorded: May 18, 2023
$49 + TAX
Printable registration form
If a downloadable form is required, please contact osgoodepd@osgoode.yorku.ca.
“Is financial assistance or funding available?”
As law evolves, we know how important it is to stay up to date. We also understand the financial implications of continuously upgrading your professional skills and knowledge. For more information on available options, including Job Grants, OSAP, please visit:
CPD and Accreditation
OsgoodePD is an accredited provider with the LSO, the Law Society of BC and NY CLE Board. Select your location to view the eligible hours you may claim.
| Substantive | 1h 15m |
|---|---|
| Total | 1h 15m |
Are you reporting hours from a previous date?
View our CPD & Accreditation page to see previously calculated hours for this course.
Deeper Learning Opportunities
LLMs
Are you a law graduate or an executive/senior professional with at least 5 years of specialized experience? Consider a full-time or part-time LLM degree.
Part-time LLMs Full-time LLMsThe Osgoode Certificate
Stay competitive with deep dives into the most critical issues in law. Taught by leading experts and designed for flexible learning, choose from multi-day programs or take courses at your own pace to build towards a certificate.
Explore certificatesFrequently Asked Questions
Client and Technical Support
Have questions? Get advice in person, by email or over the phone.
Registration questions
Technical support
Online Technical Requirements
To ensure you do not encounter any issues that will impact or limit your learning experience, please review the following information.